LAND, PROPERTY & EQUIPMENT

6 Months Ended

Jun. 30, 2018

Notes to Financial Statements

Note 4. LAND, PROPERTY & EQUIPMENT

Land, property & equipment consist of the following:

	June 30,			December 31,
	2018			2017
Computer and software	$	21,893		$	21,773
Furniture and fittings		30,233			30,067
Office equipment		44,118			43,876
Renovations and improvements		353,224			351,285
Building		923,825			918,754
Land		226,667			225,423
Total		1,599,960			1,591,178
Less: accumulated depreciation		(448,057	)		(409,100	)
Net	$	1,151,903		$	1,182,078

The depreciation expense charged to general and administrative expenses were $37,621 and $33,183 for the six months ended June 30, 2018 and 2017, respectively.